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originally called in response to set oralism in government, which i prefer -- secularism in government, which are for. a country which invites everyone into it, all religions and nationalities, must by definition be secular. any religious direction we choose is going to favor somebody, and i thought that is what we were trying to avoid. at least i thought that is what jefferson meant when he talked about religious freedoms. host: ok. caller: freedom from religion. host: when you go to vote in a presidential election or congressional election, what are the big factors in your decision? caller: usually economic. i did not consider -- i don't consider religion unless it interferes with some legislation. it plays a very little role in my life. host: would you call yourself unaffiliated religiously? caller: relatively i am an atheist. so, yes, i am unaffiliated. host: here is the "christian science monitor," their cover. the new face of faith. what is happening in new england, the countries most secular region, may have a future of american religion. traditional religions are seeing their ranks th
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
bit of fear into these people. it just shows the control the wealthy have over the government in both parties. host: more from "the washington post." they write -- back to the telephones. derrick from maryland on the line for democrats. your thoughts about the fiscal clause bill. caller: i think they will do a good deal if they can keep mitch mcconnell out of there. one of the things i really have a problem with, that is when thing i say democrats, let's get the ground game for 2014. republicansd of the at enter the house. let's take the house and just ran it all down their throats. host: we will move onto glen on the line for independents. caller: here is the problem that we have a. we have people that are working hard for the american people. we have a constitution. we have deviated from the constitution. host: who are the people working hard for the american people? caller: the american citizens. it takes two american citizens -- your mother and father have to be american citizens to be the president of the united states. we need to have a confirmation hearing. on the birth certifi
and whether the government would do anything about it. before they got to the question, there's a whole string of questions that turned out to be not unrelated, although it seemed like at the time. several reporters ask about the increase in soviet shipping traffic to the island of cuba and nobody knew what was happening and what that meant, but a couple more months we would know exactly what that was about. i was not in the end i related to a person was talking about in "silent spring." you could also hear the president referred to ms. carson spoke. he said we are going to look into this problem, especially in light of ms. carson's book. what's interesting is 1962, no further introduction was needed. rachel carson, the celebrated author of three books about the ocean, beautiful, lyrical books that were these wonderful transforming experiences for readers. carson had only taken science and translating it to beautiful narrative that everybody could relate to and so she'd become one of america's most celebrated a beloved authors in the silent spring turned a very different direction. "silent spr
this is coming up. the government will continue to function for a couple more months. emergency measures will be used to keep the money flowing, so to speak. this is unrelated to the fiscal cliff, so it's an additional problem that everybody has to deal with. of course the worst thing is we know how horrible it was the last time the debt ceiling needed to be raised in the summer of 2011, it went down to the wire and it looked as if there was a chance the united states would not raise the borrowing limit and default. we heard talk about social security payments not going out and that kind of thing. that's all led to the first downgrade in the u.s. credit rating, the stock market tanked. that was a ugly scenario. on top of the fiscal cliff, we may go through this all over again. it's another drag on the markets and on the whole economy at exactly the wrong time. >> when you say drag, though, give us an example of what you mean. we talked about january 2nd, everybody goes back to work and markets open. are we going to see a lot of volatility. all of a sudden it crashes down at once. what ha
-ite-dominated government, the third in less than a week. protesters filled the streets in ramadi in anbar province chanting "topple the regime." the demonstrations began after police arrested ten bodyguards assigned to the sunni finance minister. >> reporter: the parliament of japan has elected shinzo abe as the country's seventh prime minister in six years. abe was sworn in today after being chosen by his conservative-leaning liberal democratic party. the party won power in this month's elections, for the first time since 2009. abe has called for bold measures to bolster japan's ailing economy. he previously served as prime minister from 2006 to 2007. russian lawmakers gave final approval today to a ban on americans adopting russian children. it's part of a series of reactions to a u.s. sanctions law targeting russian human rights abusers. in washington today, a state department spokesman called the ban misguided. and adoption groups in moscow said it would harm children most. >> ( translated ): today we don't have that number of russian families who are willing to adopt, and the children who go to adopte
that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a surprise.rise we have known we were coming to this point and there are two months more -- geithner estimated in that letter that the ways in which the federal government can manage money will give about would months worth of head room, possibly even longer. february or march or -- where we really get to the -- rubber hits the road on that issue. so -- this is not a shock to anybody in government but the publication of this letter and the elevation of the issues in attempt was done in 2011. there was an early moatfication by treasury this was about to happen, trying to get congress to move in a -- interest didn't work then. we will see if it works now. >> defaulting
are not safe. our relatives. nobody is safe in the city anymore. and we don't really see the government picking up that as an issue. safety is the first thing you would assure to a citizen. >> reporter: this isn't the first time a rape case has been reported. many more never are. but this case has become a lightning rod in india. people are disgusted with the brutality of the rape. protesters say enough is enough. >> the brutality of this crime and the way it has been handled, the kind of insensitive treatment that some of the -- statements that some of the politicians and some of the people have made ensure that not only me -- everybody has come out to say that this is not done. and we are not okay with this. >> reporter: they want to see the government take concrete steps to address their concerns. >> surely, definitely. then, you know, faster justice. you need to have special courts where it's not open to the public. i think that's still a provision. we need to have more courts and better hearing and stronger assistan assistance. >> reporter: it's no longer about one girl or one particular r
the debt ceiling but also come march, you will have to figure out how to extend government spending for the rest of the fiscal year. and they don't, the government would shut down. there are major fiscal fights that need to be resolved beyond the immediate fiscal cliff. we are not even talking about the major policies that you are talking about. immigration reform and gun control legislation, those are things that can fall by the wayside if we are consumed by the fiscal talks which seems likely. >> it seems they crawl from one crisis to the next. thank you, sir, we will see you later in the hour. >> thank you. >> president obama will be talking about the fiscal cliff with david gregory on "meet the press" tomorrow, it's an exclusive interview, check your local listings for the air times. if you miss it, we will rerun it on msnbc tomorrow afternoon at 3:00. >>> want to update you on developing news in houston. george h. w. bush has been released from icugabe is staineding by. you told us two hours ago that the president was singing to doctors and unurses, he sounds like he is doing b
and next week. et in.pending cuts sai >> the government is supposed to be working for the people and i do not see that. >> senators came back from their christmas break early. nt overblicans have bee backwards. we wanted an agreement. but we had no takers. >> we are in the same situation we it been in for a long time. we cannot negotiate with ourselves. >> house members will come back to work on sunday and will work through the new year if needed. republic and say they are willing to compromise on taxes but not more government spending. the goal is to get a deal before midnight monday. a growing number of lawmakers doubt that will happen. danielle leigh, wbal-tv 11 news. >> today marks two weeks since the shooting tragedy in newtown, connecticut. there has been an increase in gun sales. in 7200 gun purchase applications filed in november. at least 62,000 more will be handled. troopers will not speculate as to why they have increased. >> as stall in negotiations could paralyzed shipping in the region. workers could go on strike in just a few days. kim dacey is live with details on a possib
. if it cannot abe future that is 100% in accordance with its core beliefs and principles that's not governing. that's lobbing hand grenades. if you are only stabbeding on principle to appear taller, then you appear smaller, and the gop is shrinking daily before our eyes. if leadership casting vision, calling all your people to rise up, and we just watched what happened with lan b and speaker boehner trying to call his people to rise up, and you say his leadership really not in question unless paul ryan really wants it. do you think that people having these types of perspectives, like a mark mckinnan, that doesn't really ring true coming into the new year for speaker boehner. >> look, the problem for republicans and for moderate republicans like mark mckinnan is most of the people in the house are not of the mark mckinnan stripe. these are people who are from districts where they've won with 60% of the vote or more. the majority of them. the majority of their constituents don't want them to compromise on things that they find important like taxes. why someone like mitt romney winds up getting
day pain relief with just two pills. >>> look, look. >> this is syria today. government war plains bombed the city of homs. it happened in alep powe as well. at least 80 people are reported dead across the country today. air strikes like these or in street fighting. these twin boys were among the 160 people killed in syria yesterday. it is so tragic. this is where they died. the man who shot this video said that syrian military artillery hit their home. it happen add few miles from where more than a hundred civilians died in a government air strike just a few days ago. >>> a man sent to syria to try to negotiate the end to the civil war says it could be over in a come of months. he's meeting with both sides in damascus, the rebels as well as the leaders. he speaks for thenited nations, not just syria. >> translator: some say i have come here to market a russian american project. i wish i could. there is no russian american problem so hence i did not come to market it. >> i want to bring in richard ross. brahimi is somebody who's very well respect bud somebody who's optimistic. when
a five-year extension of the foreign intelligence surveillance act allowinging the government to eavesdrop on overseas phone calls and e-mails from potential terrorists. they say it's protected us from more attacks like 9/11. others argue the bill could be abused. the bill is being sent to president obama and he is expected to sign it. >>> and the state's same-sex marriage law went into effect at midnight. the first in line to tie the knot, and they say they've been waiting years for this moment. >> it's very surreal still. we didn't -- we didn't expect all the cameras and everything tonight. >> we finally feel equal, and happy to live in maine. >> it's official now. >> after nine years, it's -- it's all good. >> yep. >> maine, washington state approved same-sex marriage, it's already legal in d.c. and six other states. >>> let's turn to the weather. face it, it's affecting a huge chunk of the nation right now. >> there's a lot of snow out there. in fact, snow currently covers more than half of the lower 48 states and unfortunately for some people, the storm's not over yet. le
geithner warned the government would hit its legal borrow i borrowing limit i limit by monday. geithner says the treasury will be forced to take, quote, extraordinary measures to keep paying the bills. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise can't be reached by next week on those big unanswered issues. with both sides locked in the standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts and incomes below $250,000, prolong unemployment benefits, and delay those sweeping spending cuts. sam stein. >> yes. >> what happens in -- and it appears it will happen -- we go off the fiscal cliff for a few days? >> not much, is my understanding. kwb, over time, it will have much more of an impact, and it's unknown exactly what the market's psyche will do with respect to the government's inability to come together. with respect to the tax hikes, it won't be as bad as the rhetoric is suggesting early on. whether it's enough to actually get people to
the road. no sham toast for the treasury department. that is the day the u.s. government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle a class action lawsuit. toyota will create a fund for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is prett
upsets me, because the government is supposed to be working for the people. and i don't see that. >> i wish they would hurry up and make a decision, one way or the other. >> reporter: today, even house chaplain's daily prayer -- >> as this chamber lies silent still -- >> reporter: reflected the painful wait for a deal to avert the fiscal cliff. >> send a spirit of wisdom and good judgment upon the leaders of congress that they might forge a solution to assuage the concerns of their fellow citizens. >> reporter: house gop leadership is did call members back to work this sunday, prepared to work through new year's. republican leaders say they would give in on higher taxes, but not more government spending. >> republicans aren't about to write a blank check or anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: beyond the bitter politics is a real-world consequence. >> anyone who has regular salary or wage income, starting next week, is going to see 2% less in their paycheck because the
the democrat and the republican parties. it's about the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to a deal it falls apart because they have this fundamental disagreement about ideas. that's how we got here. they cannot agree on this basic negotiation over this ideological divided america, randi. >> so how likely is it we will go over the fiscal cliff. i'm curious what the mood is like in washington right now. >> there is is an infinitesimal increase in optimism because of the mood out of that meeting today, but i still would say the odds -- the people who are placing bets in this town still expect that the nation will go over the fiscal cliff. so still a little bit more hope than when we woke up this morning but no one is counting on being off on new year's eve. randi. >> jessica, thanks. more now on the raw politics with "new york times" columnist ross douthat the and cornell. the president said he wanted to see a straight up-or-down vote. as we mentioned that, will happen on monday in the senate. he could lose t
, the russian's government politically motivated decision will reviews adoption poblg it is for children who are now under institutional care. we are further concerned about statements that adoptions already underway may be stopped and hope that the russian government would with allow those children who have already met and bonded with their furp parent to finish the necessary legal procedures so they can join their families. so, you are hearing from the u.s. officials but not much? >> i don't know that they have gotten through with the rsh an officials figuring out how they are going to implement the law yet. it's so new still. maybe in the next week or two. >> who surfa-- who suffers here? >> even, we may have to step back and say, okay, that is -- so much for that dream. but the families who have already met the kids and held them and created bedrooms and collected toys, i don't understand how they can be put through that kind of a nightmare and our hearts go out to them. and the children raised in institutions, it's just not the same as having a mom and dad or even just a mom or a dad. n
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
the gop address saying the president's tax hike would only fund the government for eight days. >> here is what could happen if no deal is reached. out of work americans will loose their extended benefits, california would be hit the hardest, 400,000 will loose benefits and the bay area will certainly feel the sting, more than 22,000 people in alameda and contra costa could be affected. california is bracing for a stalemate. the state controller's office is advicing departments use 2001 tax rates to work out its next round of state worker paychecks. social security specifically will take out another 2% if the fiscal cliff is a verted the state will reimburse workers. payroll experts are telling private employers to wait for irs instructions. >>> grocery bill could also skyrocket. the dairy cliff, why milk prices could double. >> rain or shine, san francisco plays host today to a one of it's kind football game. check out the arizona state sun devil mascot and the marching man. they all entertained a huge crowd at union square. the pep rally has to get everybody excited for the craft fig
the world. look at japan and europe. the japanese government is the glaring war on japanese citizens. it will create inflation. if the japanese citizens start to dump their bonds, they have been a bigger part then japan recently. that is a big problem for us. their euro has been quietly depreciating. if that goes out, that is a much bigger fiscal cliff. if the buyers of treasuries become sellers. liz: there are a lot of "if" in your discussion. the bond markets are still pretty -- nothing from the bottom vigilantes yet. you were a clinton advisor. you saw in the mid- 90s bond yields really spike higher. that is the issue. if we see the economy healing, bond yields could go up. investors say, wait a second, why invest for bond. >> that is the key issue. we have not seen interest rates spike for a simple reason. nobody has confidence in the economy. nobody believes we will have robust economic growth. we could be heading towards a recession. especially given the disappointing christmas sales. i am frankly skeptical about what will happen with our economy either way. i think we will go
to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem for dairy farmers: they don't want chaos in the milk market. it sounds good-- "gee, everybody will double or triple the price"-- but how much milk would people buy at that price? >> reporter: nobody will pay it. >> nobody will pay it. >> reporter: shoppers for milk today couldn't understand why congress can't at least solve this problem. linda vella: >> they all need to be fired. and if we want to continue to
is about the fundamental difference, the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to an agreement, it falls apart because they have a fundamentally different idea on the issues. they have this divide in america, randy. >> so what happens next? how likely is it that we'll go over the fiscal cliff? i'm curious about the mood in washington right now. >> there is an increase in optimism because of the mood out of that meeting today. but i still would say the people who are -- placing bets in this town still expect that the nation will go over the fiscal cliff. so still a little bit more hope than what we woke up this morning, but no one is counting on being off on new year's eve. >> randy. >> jessica, thank you, more now on the raw politics, good to see you both. cornell, let me start with you here, the president said he wanted to see a straight up or down vote. as we mentioned that could happen in the senate. we could lose the up or down vote. >> you are going to see something come out of the senate. you have to p
geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still
's government unleashes its most sophisticated weapons of the war. missiles from iran. we'd like to welcome our viewers here in the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." >>> i want to begin with a crisis you probably don't know is coming and, of course, is just about to hit. barring a last minute deal, union dock workers at more than a dozen major ports will go on strike this weekend. meaning just about everything we buy, from clothes to cars, can't be unloaded. the strike would impact 14 port along the eastern seaboard in gulf coast, including the port of baltimore and that's where we find cnn's brian todd live. the potential impact of this is pretty big. >> reporter: it's huge, candy. right here, this is one of the most crucial ports for commerce in this region. the sieger terminal. you can see massive container ships sitting in port. this is the port terminal with the bustling operations, containers still being moved in and out of here by a truck that are being offloaded from the ships here at the terminal. about
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
. that includes those budget cuts for most government agencies, the sequester. that may happen at least in the short term. it doesn't seem to be on the table now. also, the medicare doc fix. we don't know for sure if that's going to be in this deal or not. a lot of other pieces still on the table and in limbo for now. >> okay. lisa desjardins, we'll be watching with you, thanks. >>> as you may have guessed, uncertainty over the fiscal cliff is having a ripple effect from washington to wall street. u.s. stocks ended the session in the red on friday for the fifth straight day. a triple-digit loss for the dow, that tumbled 158 points. the nasdaq lost almost 26 points while the s&p 500 shed almost 16 points. >>> in washington, each side of the aisle is pleading its case directly it the taxpayer. both the president and the republicans talking about the fiscal cliff in their weekly addresses. the president said yesterday he was modestly optimistic about a deal, but here he seems to hint at his own plan b if the senate can't reach a deal. >> if an agreement isn't reached on time, then i'll urg
on the government's pay roll and will be back to school with work. here is the reaction lieutenant cornel tony schafer. when you heard the report that came out around christmas, what did you think? it is an extended montyepython skit. the idea here is that these people are not held accountable . this is but one more layier clayton of regarding the whole benghazi thing . caroline lamb when she testified show felt in the face of four dead americans that the numbers were just right. it indicated that she is incompetent and out of touch with reality. you will not see it happen again. she will not perform to standard. it is inevitable . congress is off when it is time for the holiday. they tried to find out if it was true. they haven't said the judgeds are still on the pay roll can receiving a salary. do these people still have a job? >> i am sure they do. whatever they say you need to look deeper in this case they are moved around and shuffle the chairs. these people took a bullet and they will be protected and if you can't get fired over sevore incompetence what can you get fired over. >> clayton
,000 people signed sniet we started yt we the people" so you could petition if government on the matters you care about the most. >> reporter: it allows anyone to create a petition and with 25,000 signatures in 30 days the white house promise as response. since the shooting the website has received more than a dozen petitions supporting gun rights and gun control, but the requests aren't always serious. >> that's not a moon. it's a space station. >> reporter: one asks the federal government to secure resources and 23u7bding to build a dealt star by 2016. it has 32,000 signatures. multiple states have asked to recede from the u.s. the move to kick morgan out of the country may have some support but laughing it off. tweeting merry christmas, even to those who want me deported. >> two others have pop up. one asked u.s. to keep him because britain doesn't want him back, the other says his spiech is protected. much of the admin station knew -- >> do they realize how social media -- >> there you go. >> consider can get a mass of people for anything. >>> it was a busy year
fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will tak
at best. it's not a lot of enthusiasm on capitol hill for the idea of the federal government stepping in and endorsing the idea of all schools having armed police officers. never mind funding it. listen to a couple of senators, starting with a republican. >> we had an armed guard in columbine. we had an assault ban. none of it worked. we're talking about preventing mass murder from nontraditional criminals. people who are not traditional criminals, who are not wired right for some reason. >> since we passed the brady law, the assaults are down. we need to keep working on this, and there are lots of different solutions. >> just because the republicans may not be running to this idea that the nra put forward does not mean that they are going to support the first piece of legislation we're going to see in the new congress on this issue, which is a bill to reinstate the assault weapons ban. and most importantly, carol, it's not just the republicans who might be skittish on that. it's also a fair number of moderate democrats who are up for re-election in the next cycle, 2014, who are from
geithner has warned congress hat u.s. will reach its debt ceiling on monday. that is when the government reaches its legal borrowing limit. now, this could pose a bigger threat to the nation's credit rating than the fiscal cliff. treasury can keep the government operating for a few weeks using emergency measures, but congress needs to act on this too to avoid a full-blown debt crisis. alina cho. joins us with the ret of the top stories. >>> former president george h.w. bush remains in intensive care in a houston hospital with an elevated fever. he is on a liquid diet an his condition is listed as guarded. his spokesman quotes him as saying i'm determined not to be dprumpy with all of this. >>> toyota has agreed to pay up in a major way, $1.1 billion to settle a class action suit over sudden acceleration issues. under the deal toyota will install a brake override system in effective cars. it will also set up a fund of $250 million for former toyota owners who sold their cars from september of 2009 through all of 2010. that money would compensate owners for their car's reduced value becaus
have to deal with spending. we live in an america where the federal government now is spending 25% of our gross domestic product. when you study the obama budget that would increase to 32%. that's where the problem has to i am emanate from. the spending side of our budget is 62% of what we spend money on. it's not just about defense or discretionary. >> is there any indication the president's deal, that he may come back with, will address spending? i haven't heard substantial spending cuts out of any deals on the left. >> absolutely you are not hearing that whatsoever. when i listen to senator chuck schumer say the president ran on raising taxes and says he won, we should do that, i have to tell you i'm not such and idiotic person to follow someone off into the abyss. this is a political gimmick the president ran on. he did win the election but when you look at the house, the republicans maintain their majority there and that's where revenue bills emanate from. >> we have to leave it there. always great to have you. >> happy new year. >> you too. amid all this fighting in washingt
branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think that was the strategy a week ago. i think the speaker was trying to put the deal together, as we've seen the senate not -- i think that may become the strategy. i've always thought they would wait until the last ho
in medicare payments from the government. here to talk about this with us, jared bernstein who served as vice president biden's chief economist and now senior fellow the center of budget and policy orders. msnbc contributor. we thank you so much for coming on the show. mr. bernstein, i want to put up a graphic in terms of the literal impact going over the fiscal cliff. if you make $20,000 you will see tax hike of $412. if you are middle $, 40,000 to $65,000, average tax hike of fearly nearly $2,000 which is significant. is this being lost on the policymakers now? >> i think it is. i mean -- if you -- were really concerned about how middle income people are doing and howing the unemployed are doing, how the average person who depends on their pay paycheck, not their stock portfolio is doing, you quickly resolve these cliff issues so the tax rates don't revert to get you the results you just showed. very quickly extend unemployment. i mean, i thought the point that someone made earlier in the reporting was critical. there are millions, couple million, actually, of unemployed people who have bee
medical examiner would do a complete analysis of government-that the gunman as dna. they're not looking for anything specific in the analysis and it is on likely they will find genetic clue into lanes as motive behind the shooting. >> genetics said they're genetic component to mental illness but there are many genes involved, not just a single gene or mutation. results of the dna analysis are not expected for several weeks. >> here is a live look outside at this and tell bridge coming up on kron 4 morning news a new addition to the oakland police department to help reduce crime and we will tell you governor brown is appointed to bay area superior court next. welcome back. the timing is 4:30. . we're taking a look from mount tam. >> we could possibly see a storm bring rain. erica has the latest on our forecast. the models or potentially making a change on that. >> good morning anny. would this still see light rain for sonoma county. potentially the coastline as well. it is certainly possible that some of our east bay interior valleys will not see any rain. we do have rain on the way late
same-sex couples will start tomorrow. >> and american families stuck on limbo, as russian government suspends adoptions. >> and how tunnel helped reshape a city. >> a new high tech plan to fight drunk driving in california. why some are telling it it won't work tonight on ktvu channel 2 news at 6:00. you got this, right? i do got this. let us get everything off the shelf, and to your home. sofa... desk... you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. let us get everything off the shelf, and to your home. >>> we have breaking news to tell you about right now. this is a live picture from news chopper 2 as a boat is outlooking for two swimmers who are reported missing near the golden gate bridge. the word we have right now is that a caller called authorities to say that two swimmers were spotted near the north tower of the golden gate bridge. right now the coast guard is launching a search and rescue operation to try to locate the swimmers. right now we don't have any word that the swimmers have been spotted by r
me because the government is a blow to be working for the people and i don't see that. >> despite what is at stake, senators came back early only to engage in another round of bickering. >> republicans have bent over backwards. we stepped way, way out of our comfort zone. >> we wanted an agreement. but we had no takers. >> we are in the same situation we have been in for a long time here. we can't negotiate with ourselves. >> house members were not even planning. there are still home. they will come back this sunday and work through the new year, if needed. >> i wish they'd hurry up and make a decision one way or the other. >> republicans say they will compromise on taxes but not more government spending. now the concern is both sides are giving too little, too late. the goal is to get a deal by midnight monday but a growing number of lawmakers doubt will happen. they say the soon as it can come would be january 3 when the new congress takes over. danielle leigh, wbal-tv 11 news. >> a stalemate of another kind could paralyze shipping, for making a very difficult for goods to get i
the federal government may not be able to pay its bills once the country reaches its borrowing limit on december 31st, which is monday. that could broil financial markets and lead to a financial downgrade. he proposes a series of extraordinary measures to postpone the date that the u.s. would otherwise default on its legal obligations. geithner estimates his plan would free up about $200 billion, providing roughly two months of wiggle room. >>> well, last night on "the rachel maddow show," guest host ezra klein asked former clinton budget director alice rivlin on where we could see the fallout from the fiscal cliff. >> the real uncertainty i think is what the markets will look isn't in control of its own destiny because we're acting that way right now. now, if you're an investor, whether you're in some part of the united states or you're in some other part of the world, do you really want to buy american securities? do you want to invest in a country whose government isn't functioning? i don't think so. so, we could get a big market reaction, a drop in the stock market, and that mig
majority leader harry reid now saying that it appears that the government will miss the deadline for avoiding the fiscal cliff. so what will that mean, and how will america respond come january 1st? gregg: new developments in the investigation into the deadly connecticut school shooting. jenette sises have been asked to study the gunman's dna. what can they learn about it? gregg: severe weather alert. winter warnings in effect as a brutal storm is sweeping through the u.s. it brought massive amounts of snow and even tornados to parts of country and claimed at least 15 lives. illinois was no exception. major problems on the roads as snow and sleet pounded the area, forcing some businesses to remain closed. maria molina is keeping an eye on the storm from the extreme weather center. we're going to get the latest, top of the hour. >> new year's eve is fast approaching and for decade and decade the american people have watched the ball drop in times square. it is the countdown to midnight, the start of a new year. but this year, mr. president, the american people are waiting for the
, saddam's military in kuwait and return right, full governance back to the citizens of kuwait. >> his father once said -- told him, he said, the day i was born that boy is going to west point. it was literally a job he was born to do. boy, did he do it well. the nation is remembering him today. thank you for helping us do that, general spider marks. happy holidays to you. >> you as well. >>> former president george h.w. bush has a message for his admirers around the world. he's not going anywhere. in a message in thursday, his chief of staff said the 41st president's condition is not dire. becker said mr. bush has every intention of staying put and that we can "put the harps back in the closet." the 88-year-old mr. bush is in the intensive care unit of a houston hospital where he's receiving treatment for an elevated fever. >> still has his sense of human. >>> vladimir putin has signed a continue versional bill banning u.s. citizens from adopting russian children. the decision raising tensions between the two countries, seen for retaliation for a new law in the u.s. that seeks to puni
i guess that is a peruvian chihuahua, the government spends more than $54 million per day in interest on our debt. we have been asking how do you think your tax dollars should be better spent. sheila says it should be used to fix crumbling roads and bridges and military and law enforcement. john wants to know why is it that any time the need to cut spending is up the only thing talked about is social security, medicare and defense. thanks for your responses. "fox news sunday" coming up next. we leave you with sand santas. artists in india carved more than 500 sand sculptures of santa claus to protect the development. have a merry christmas, everybody. >>> i'm chris wallace. talks to avert the fiscal cliff sal and washington debates how to prevent more mass murders. with nine days to go, is it still possible to make a deal to head off big tax increases and spending cuts? captioned by closed captioning services, inc. , republican john borasso and democrat kent conrad. >> as the nation mourns the victims of a newtown school shooting we turn to a man of faith for some answers.
of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we've had a number of tragedies. >> are authorities outnumbered or can they do anything to stop this? >> they're definitely outnumbered. the irs and state attorney general offices have long been far behind in keeping up with these kind of things. and now as the government is shrinking, there's even more of a problem. unfortunately, it requires the work of cnn and other investigative reporters to bring this to light. it's almost embarrassment that sometimes drives the government to get involved. so there really is a lack of oversight there. there's a need for far more enforcement. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. this might make them afraid to donate. what do you say to those people? >> for every horrible story, there are inspirational stories and fantastic charities. this n this case the united way of westchester -- western connecticut, ex
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